BOSTON (Reuters) - An artist who created an iconic red, white and blue portrait of President Barack Obama that appeared on thousands of posters and T-shirts was arrested in Boston on graffiti charges, police said on Saturday.

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Police accuse Fairey of damaging property with graffiti in several locations and issued warrants for his arrest on January 24, Boston police spokesman James Kenneally said.

An arraignment is scheduled on Monday. If convicted on all charges, he faces up to three years in jail, Kenneally said.